Tag: asia
Africa and Asia Will Transform the Valve Market
Low-cost manufacturing countries of the world will be utilizing an increasing percentage of the world’s valves. Traditional manufacturers are challenged by the low selling prices and lack of access.
Asia & North America to lead global ethylene capacity
Global ethylene capacity is poised to see considerable growth of 27% from 207.58 million tonnes per annum (mtpa) in 2019 to 264.13 mtpa in 2023, led by Asia and North America, says GlobalData, a leading data, and analytics company.
Offshore drilling could see resurgence
In light of recent political events in the Middle East and in the United States, oil prices have already seemingly found a floor with both global-benchmarks Brent crude and NYMEX-traded West Texas Intermediate (WTI) crude prices trading in a low to mid $60s range for an extended period of time.
BC LNG shipments to Asia
On October 13th a project to export liquefied natural gas from British Columbia's west coast to markets in Asia received approval from Canadian regulators. KM LNG, a joint venture between Apache Corp.